NCR Corporation posted 1Q/12 revenue of $1.24 billion, up 18% from the year ago period while income from continuing operations totaled $38 million compared to the year ago period of $19 million. This included $39 million in pension expense. NCR’s Financial Services segment generated a revenue of $694 million, up 17% year-over-year, thanks in great…
USA Technologies wireless, cashless payment and M2M telemetry solutions completed an upgrade to its “ePort Connect” service platform to support USAT’s growing base of customers and the next generation of services and emerging M2M applications, such as mobile marketing and mobile payment. The upgrade incorporates network server technology in addition to proprietary software development that markedly increases capacity and allows USA Technologies to seamlessly “add on” capacity as USAT’s connected service base expands. USA Technologies reported preliminary data for the quarter ended 3/31/2012 that indicated its connected service base had grown to 148,000 cashless and M2M connections”double what it was two years ago. The upgrade enhances the ease with which devices can connect to USAT’s ePort Connect service, featuring search capabilities to make it easier to search and analytical data for logistics and inventory decisions aimed at saving smaller businesses the expense of investing in an additional reporting system.
Merchant Warehouse Co-CEO Henry Helgeson has been presented the “Member of the Year” award at the 2012 Electronic Transactions Association (ETA) Annual Meeting & Expo. Selected for this prestigious award by standing out in the ETA community as a member who is contributing to the future success of the industry and the ETA organization, Helgeson has assembled a vision regarding the future of electronic transactions and served as a valuable intellectual resource for the larger ETA community.
Diebold will upgrade the Denali Alaskan Federal Credit Union ATM fleet and provide a variety of integrated services. Diebold is replacing the credit union ATMs with 48 of its “Opteva” ATMs, most of which include Diebold’s leading deposit automation technology, and maximizing Denali Alaskan’s ATM uptime and reducing the credit union’s maintenance with remote and on-site services with its “Integrated Services” offering. These outsourced services will help the credit union provide a richer consumer experience and realize improved efficiencies with minimal capital investment.
Citi’s OpenLend offering earned the most ‘Best-in-Class’ awards in Global Custodian’s 2012 Securities Lending Survey. Specifically, it received: 54 “Best in Class” awards – The most awards won by any provider “Top Rated” results in six categories Three “1st Place” overall rankings Three “2nd Place” overall rankings In its editorial coverage of the survey’s findings,…
NCR launched an expanded suite of digital signage, kiosk and managed services that have been tailored to the community banks and credit union market. The solutions are being made available via NCR solution partners who are part of the NCR Interact Global Partner Program in select geographies. Smaller, regional banks now have an opportunity to increase their affinity with consumers by improving the security and availability of their self-service network, namely with the NCR “Netkey” digital signage and touchscreen kiosk solution that enables banks to promote their latest products and services using high impact video and infographics and for consumers to check-in for appointments and complete application forms quickly. Additional offering from NCR include Incident Management, which automates the self-service ATM or touchscreen kiosk repair process; Software Patch Management, which ensures that critical software patches are deployed to ATMs; and Integrity Management, which provides day-zero protection against all known and unknown malware by preventing unauthorized code updates and execution.
NCR Corporation announced the winners of the NCR Interact Global Partner Innovation Awards 2012, honoring the most innovative assisted- and self-service solutions that have been created and deployed by NCR’s solution partner community over the last year. They include the contactless travelcard top-up solution, designed by the Printec Group to run on NCR SelfServ ATMs in Romania; NCR SelfServ Checkouts with banknote recycling and take-away belts, deployed by North County Business Products (NCBP) at an independent grocery chain in the state of Illinois, U.S. ; the boutique bank branch with a self-service zone to make it easier for consumers to manage their money, help banks reduce wait times and free up staff to deal with complex enquiries, which wasdeveloped by SCI Tanzania for a major retail bank in Africa. The new branches feature NCR SelfServ 34 ATMs, giving consumers quick access to their cash; Teller Cash Recyclers, making it easier for consumers to deposit and withdraw cash over the counter; and the easy bill payment solution, designed by ADEXUS, which enables consumers in Chile to keep tight control over their household budgets by quickly transferring funds from their current account to pay any type of utility or mobile phone bill using an NCR SelfServ 60 touchscreen kiosk.
In support of Earth Day, Wells Fargo announced the start of the Online Statements Sweepstakes to encourage customers to switch to paperless statements for eligible accounts. Customers have the chance to win $25,000 or one of 20 $1,000 prizes. In addition to the sweepstakes, Wells Fargo, in partnership with the Arbor Day Foundation, is planting…
Nice announced has established a practice dedicated to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), and is working with a number of leading financial institutions in the United States as part of their preparation to be compliant with the new recordkeeping and risk management requirements. The focus of these efforts is on…
Businesses and nonprofit organizations now have the ability to process large quantities of checks electronically with Farmers & Merchants Bank’s (F&M) Image Cash Letter Service. The software application, commonly known as x9.37, reduces the time, cost and risk associated with transporting paper checks to the bank by allowing customers to scan and process checks remotely.…
Earlier this week the retail POS industry had the most significant announcement in the last 10 years, as ToshibaTEC announced the purchase of IBM’s Retail Store Solutions (RSS) Business. Following is an analyst commentary from Greg Buzek of retail research and advisory firm IHL Group, which has tracked the retail POS industry for more than…
Fico analytics and decision management technology and Outbox CRM solutions partnered to bring analytics and decision management technology to Polish banks. Announced at the 8th Annual CEE Credit Risk Management conference, the partnership will focus on helping Polish businesses use FICO’s industry-leading solutions and tools to improve and optimize the entire credit lifecycle: marketing, origination, customer management, fraud and collections/recovery. Outbox will help lenders succeed with industry-leading solutions such as FICO Falcon Fraud Manager, which protects 2+ billion card accounts worldwide, FICO Debt Manager for collections, and FICO Blaze Advisorbusiness rules management system.